Which of the following is TRUE of SEC Commissioners under the Securities Exchange Act of 1934?
A) They are appointed by a senate panel.
B) They are appointed for life.
C) They may not invest in any securities other than those issued or guaranteed by the U.S. government.
D) Their political affiliation is of no concern.
Answer: C) They may not invest in any securities other than those issued or guaranteed by the U.S. government.